# Payment Intent Status
Once a payment intent is created, and a blockchain address is provided, Circle starts monitoring the address on its respective networks to detect any inbound payments.
| Status | Description |
| Created | Payment intent created. |
| Pending | Blockchain address provided. |
| Completed | Transaction validated by the blockchain network and funds settled. |
| Expired | Payment intent expired after 8 hours or forced expired. |
# Payment Intent Context
| Context | Description |
| Underpaid | Amount paid is less than the expected amount for the payment intent. |
| Paid | Amount paid equals the expected amount for the payment intent. |
| Overpaid | Amount paid is greater than the expected amount for the payment intent. |
# Payment Intent Expiration
By default all payment intents expire **8 hours** from the time they are created. If there is a need to expire it prior to the preset time you can use [expire a payment intent](🔗).
# Payment Intent Flow Diagram
